Vanguard Ultra-Short-Term Tax-Exempt Fund Admiral Shares (VWSUX) belongs to the Municipal Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with VWSUX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to VWSUX
VWSUX charges 0.09% annually. There are 8 mutual funds in the Municipal Bonds category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Western Asset SMASh Series TF Fund | 0.01% | — | Dec 2015 | VWSUX vs LSMSX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | VWSUX vs VTMFX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | VWSUX vs FHMIX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | VWSUX vs NMTRX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | VWSUX vs FSMUX |
Best Risk-Adjusted Alternatives to VWSUX
VWSUX has a PortfoliosLab risk / return rank of 95. There are 15 mutual funds in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 100 | — | Aug 2002 | VWSUX vs DFSMX | |
| abrdn Ultra Short Municipal Income Fund | 100 | — | Dec 2002 | VWSUX vs ATOIX | |
| DFA Short-Term Selective State Municipal Bond Port... | 99 | — | Apr 2022 | VWSUX vs DFABX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | — | Feb 2021 | VWSUX vs FHMIX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | VWSUX vs DNYMX |
Top Performing VWSUX Alternatives (YTD)
VWSUX is at 1.21% YTD. There are 59 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 10.83%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 10.83% | — | Apr 1998 | VWSUX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 7.15% | — | Nov 2002 | VWSUX vs NRK | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 6.56% | 12.30B | Sep 1994 | VWSUX vs VTMFX | |
| BlackRock MuniYield Michigan Quality Fund | 6.16% | — | Oct 1992 | VWSUX vs MIY | |
| BlackRock MuniHoldings New Jersey Quality Fund | 4.78% | — | Mar 1998 | VWSUX vs MUJ |
Lowest Volatility Alternatives to VWSUX
VWSUX has 1.09% 1-year volatility. There are 18 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.53%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 0.53% | — | Aug 2002 | VWSUX vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.57% | — | Apr 2022 | VWSUX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | VWSUX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.63% | — | May 2016 | VWSUX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.65% | — | May 2016 | VWSUX vs USMTX |
Lowest Drawdown Alternatives to VWSUX
VWSUX has a 1-year max drawdown of -0.69%. There are 19 mutual funds in the Municipal Bonds category with shallower 1-year drawdowns, going as shallow as 0.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Allocation Target Shares | 0.00% | — | May 2021 | VWSUX vs BATVX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | VWSUX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | VWSUX vs TFCYX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | VWSUX vs ATOIX | |
| DFA Short-Term Selective State Municipal Bond Port... | -0.11% | — | Apr 2022 | VWSUX vs DFABX |
Other Mutual Funds from Vanguard
The 10 most viewed Vanguard mutual funds shown here include VTSAX, VFIAX, VTIAX and span 8 categories. AUM among these funds goes as high as $2T.
Often Compared With VWSUX
Investors most often compare VWSUX with VMLUX, VWSTX, VWALX. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare VWSUX with Any Fund or Stock
Compare VWSUX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair VWSUX with funds that move differently
Vanguard Ultra-Short-Term Tax-Exempt Fund Admiral Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to VWSUX.
Explore VWSUX Diversifiers